Taxi industry needs more ‘financial incentives’ this Spring Budget or risks losing more drivers, says The Taxi Insurer

The number of applications has already exceeded six thousand.

For 100% electric light passengers, the support is up to 4,000 euros for individuals and 5,000 euros for IPSS (Private Social Solidarity Institutions), municipalities and transport authorities, with the obligation to slaughter a fossil fuel vehicle over 10 years old.

The Environmental Fund will provide 13.5 million euros for the payment of incentives for the purchase of 100% electric vehicles

Taxi industry needs more ‘financial incentives’ this Spring Budget or risks losing more drivers, says The Taxi Insurer

The taxi industry needs more ‘financial incentives’ this Spring Budget or it may risk losing more drivers, says The Taxi Insurer.Since its launch in 2018, the Plug-in Taxi Grant (PiTG) has helped thousands of taxi drivers move to ultra-low emission vehicles. The scheme has been credited with playing a key role in lowering emissions from the taxi fleet and backing the Government’s broader clean air goals.The Department for Transport recently anno…

Notice to encourage the introduction to the consumption of zero-emission vehicles will be published this Tuesday, with applications to be opened at the beginning of next week. The price of “checks” for cars does not change, but increases for two electric wheels.

Those interested in taking advantage of the incentives for the purchase of electric vehicles must submit applications by November 30, 2025. Support for the purchase of electric vehicles in Portugal will be reinforced in 2025, with an increase of 35% in the amount available compared to the previous year. The incentive program, with an endowment of 13.5 million euros, aims to promote the replacement of fossil fuel vehicles with zero emission model…